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1 556
โจ Glassnode reports a sharp increase in open interest for TON futures following yesterday's news. Historically, such spikes have been followed by corrections.
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๐จ ๐
๐๐ ๐๐ข๐ง๐ฎ๐ญ๐๐ฌ ๐๐๐ฏ๐๐๐ฅ ๐๐จ๐ฎ๐ ๐ก ๐๐ฉ๐จ๐ญ ๐๐ก๐๐๐
Fed officials at May meeting warned of "difficult tradeoffs" as they face potential rising inflation AND unemployment simultaneously, driven by uncertainty over Trump tariff policies.
Key points:
๐นFed held rates at 4.25-4.5% due to policy uncertainty
๐นStaff projected "markedly" higher inflation from tariffs
๐นRecession risks increased, unemployment expected to rise
๐นFed essentially sidelined until tariff plans finalized in July
๐นNext meeting June 17-18 with new projections
The central bank finds itself in an unusual bind: potentially having to choose between fighting inflation or supporting jobs.
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So basically all the money he scammed by rugging projects has gone back to the market
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lets just say 50% ftx users rebuy back in cryptoโฆ
Thats 15 billion usd + 2.5 billion from trump + 2 billion from cantor + 2.5 billion from strategy again
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Bitcoin 2025 Key Speakers (SGT Time):
Day 1 โ 28 May
โข Cynthia Lummis (1:00am)
โข Bo Hines - Tyler Williams (Treasury Department - 3:40am)
โข Vlad Tenev (Robinhood Tokenization - 4:10am)
โข Bo Hines (The White House Q\&A - 4:45am)
โข Lummis + Coinbase (5:10am)
โข Michael Saylor (Q\&A - 5:35am)
โข David Sacks (The White House - 7:00am)
โข Don Trump Jr. (7:30am)
Day 2 โ 29 May
โข JD Vance (12:00am)
โข Michael Saylor (4:00am)
โข Eric & Don Trump Jr. (4:30am)
โข Eric Trump (5:15am)
Day 3 โ 30 May
โข SEC Hester Peirce (1:00am)
โข Tether CEO (1:30am)
โข Michael Saylor (7:20am)
โข Ross Ulbricht (8:05am)
h/t Gwei
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James Wynn opens a short with $111.8M BTC position, is he tricking the matrix?
Just an hour after closing his $1.26B long, James Wynn opened a new short on 1,038.7 BTC ($111.8M) at $107,711.1.
Liquidation is set at $149,100.
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Global options open interest has climbed to $56.5 billion (notional), the highest since Dec 2024. BTC leads with 83.95% of total OI, reflecting strong institutional demand
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if you wake up out of your trading slumber thinking you can long alts now that Bitcoin attempts to breach ATH, please stop thinking about trading
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gud trade, i added on few pullbacks few more times
booking a bit more profits here
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